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  • Kakinada update

    ONGC has decided to exit from the Kakinada refinery and petrochemicals project. But the project is alive as the GMR group remains interested. I think ONGC made the right decision. It will be interesting to see if GMR will be able to improve the project's economics.
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-26-2008
  • Kakinada attracts GMR

    Oil and Natural Gas Corp's (ONGC) Kakinada project continues to attract investors despite questions about its viability . The GMR group is the latest and is reported to have formally expressed interest in taking a stake in the refinery and petrochemical project. The board of Kakinada Refinery and...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-23-2008
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